GARAGE GRAUX: what changed
What changed
GARAGE GRAUX
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€46,485
2024 · €85,265-€38,780
Equity
€803,242
2024 · €757,756+€45,486
Cash
€223,646
2024 · €463,824-€240,178
Balance sheet total
€949,102
2024 · €921,746+€27,356
Largest movements
Assets
- Current investments +€450,000
new in 2025: €450,000
- Cash -€240,178
down €240,178 (-51.8%), from €463,824 to €223,646
mainly Current investments (-€450,000) and Tax, wage and social debts (-€24,529)
- Stocks and contracts -€162,309
down €162,309 (-44.3%), from €366,456 to €204,147
- Receivables within one year -€13,133
down €13,133 (-40.8%), from €32,193 to €19,061
of which Trade receivables: -€16,049
Equity and liabilities
- Reserves +€46,485
up €46,485 (+6.4%), from €723,125 to €769,610
of which Non-distributable reserves: +€765,610
- Tax, wage and social debts -€24,529
down €24,529 (-58.2%), from €42,127 to €17,598
of which Taxes: -€23,480
Income statement
- Gross operating margin -€77,121
down €77,121 (-27.6%), from €279,204 to €202,083
- Taxes -€17,793
down €17,793 (-50.3%), from €35,375 to €17,582
- Staff costs -€8,474
down €8,474 (-6.9%), from €122,237 to €113,763
- Depreciation -€7,149
down €7,149 (-32.9%), from €21,730 to €14,581
- Write-downs -€4,775
down €4,775 (-100%), from €4,775 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€85,265
Gross operating margin
-€77,121
Staff costs
+€8,474
Depreciation
+€7,149
Write-downs
+€4,775
Other operating charges
+€1,776
Financial income
-€1,282
Financial charges
-€345
Taxes
+€17,793
Result 2025
€46,485
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€221,479
Investment
-€460,658
Financing
-€999
Cash 2024
€463,824
From operations (derived)
+€221,479
Net result for the year
+€46,485
Depreciation
+€14,581
Stocks and contracts
+€162,309
Receivables within one year
+€13,133
Deferred charges and accrued income
+€3,101
Trade debts
+€4,278
Tax, wage and social debts
-€24,529
Other debts
+€1,668
Accrued charges and deferred income
+€453
Investment (derived)
-€460,658
Investment in fixed assets (net)
-€10,658
Current investments
-€450,000
Financing
-€999
Contributions, distributions and other
-€999
Cash 2025
€223,646
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €921,746 | €949,102 | +€27,356 | +3.0% |
| Fixed assets | 21/28 | €55,121 | €51,199 | -€3,923 | -7.1% |
| Tangible fixed assets | 22/27 | €55,071 | €51,149 | -€3,923 | -7.1% |
| Land and buildings | 22 | €3,680 | €0 | -€3,680 | -100% |
| Plant, machinery and equipment | 23 | €19,947 | €19,862 | -€85 | -0.4% |
| Furniture and vehicles | 24 | €22,695 | €23,524 | +€828 | +3.7% |
| Other tangible fixed assets | 26 | €8,750 | €7,763 | -€987 | -11.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €866,625 | €897,904 | +€31,279 | +3.6% |
| Stocks and contracts in progress | 3 | €366,456 | €204,147 | -€162,309 | -44.3% |
| Stocks | 30/36 | €366,456 | €204,147 | -€162,309 | -44.3% |
| Amounts receivable within one year | 40/41 | €32,193 | €19,061 | -€13,133 | -40.8% |
| Trade receivables | 40 | €30,743 | €14,694 | -€16,049 | -52.2% |
| Other amounts receivable | 41 | €1,450 | €4,367 | +€2,917 | +201% |
| Current investments | 50/53 | - | €450,000 | +€450,000 | |
| Cash at bank and in hand | 54/58 | €463,824 | €223,646 | -€240,178 | -51.8% |
| Deferred charges and accrued income | 490/1 | €4,151 | €1,050 | -€3,101 | -74.7% |
| Total equity and liabilities | 10/49 | €921,746 | €949,102 | +€27,356 | +3.0% |
| Equity | 10/15 | €757,756 | €803,242 | +€45,486 | +6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €723,125 | €769,610 | +€46,485 | +6.4% |
| Non-distributable reserves | 130/1 | €2,000 | €767,610 | +€765,610 | +38,281% |
| Reserves not available under the articles | 1311 | €2,000 | €767,610 | +€765,610 | +38,281% |
| Distributable reserves | 133 | €721,125 | €2,000 | -€719,125 | -99.7% |
| Profit (loss) carried forward | 14 | €14,631 | €13,632 | -€999 | -6.8% |
| Amounts payable | 17/49 | €163,990 | €145,860 | -€18,130 | -11.1% |
| Amounts payable within one year | 42/48 | €158,855 | €140,273 | -€18,582 | -11.7% |
| Trade debts | 44 | €23,945 | €28,223 | +€4,278 | +17.9% |
| Suppliers | 440/4 | €23,945 | €28,223 | +€4,278 | +17.9% |
| Taxes, remuneration and social security | 45 | €42,127 | €17,598 | -€24,529 | -58.2% |
| Taxes | 450/3 | €31,980 | €8,500 | -€23,480 | -73.4% |
| Remuneration and social security | 454/9 | €10,147 | €9,099 | -€1,048 | -10.3% |
| Other amounts payable | 47/48 | €92,783 | €94,451 | +€1,668 | +1.8% |
| Accrued charges and deferred income | 492/3 | €5,134 | €5,587 | +€453 | +8.8% |
| Non-recurring operating income | 76A | €200 | €10,698 | +€10,498 | +5,249% |
| Remuneration, social security and pensions | 62 | €122,237 | €113,763 | -€8,474 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,730 | €14,581 | -€7,149 | -32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,775 | €0 | -€4,775 | -100% |
| Other operating charges | 640/8 | €10,258 | €8,482 | -€1,776 | -17.3% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €279,204 | €202,083 | -€77,121 | -27.6% |
| Operating profit (loss) | 9901 | €120,204 | €65,257 | -€54,946 | -45.7% |
| Financial income | 75/76B | €5,801 | €4,519 | -€1,282 | -22.1% |
| Recurring financial income | 75 | €5,801 | €4,519 | -€1,282 | -22.1% |
| Financial charges | 65/66B | €5,364 | €5,709 | +€345 | +6.4% |
| Recurring financial charges | 65 | €5,364 | €5,709 | +€345 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €120,640 | €64,067 | -€56,573 | -46.9% |
| Income taxes | 67/77 | €35,375 | €17,582 | -€17,793 | -50.3% |
| Profit (loss) for the period | 9904 | €85,265 | €46,485 | -€38,780 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,265 | €46,485 | -€38,780 | -45.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.